BFEB vs EOI
Innovator US Equity Buffer ETF - February vs Eaton Vance Enhanced Equity Income Fund
Which is better, BFEB or EOI?
Each has led over a different period.
BFEB has a lower expense ratio. BFEB led over 1Y, 5Y and the full window, EOI over 3Y.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | BFEB | EOI |
|---|---|---|
| Expense Ratio | 0.79%Best | 1.10% |
| AUM | $208M | $890M |
| Dividend Yield | 0.00% | 7.54% |
| Holdings | 18 | 58 |
| YTD Return | +11.67%Best | +3.10% |
| 1Y Return | +15.60%Best | +5.24% |
| 3Y Return (annualized) | +17.04% | +17.26%Best |
| 5Y Return (annualized) | +11.68%Best | +9.53% |
| Volatility (annualized) | 11.1%Best | 19.0% |
| Max Drawdown | -26.4%Best | -40.9% |
| $10,000 over 5 years | $17,373Best | $15,764 |
| Fund Family | Innovator ETFs Trust | Eaton Vance |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Feb 3, 2020 | Oct 26, 2004 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Feb 3, 2020 to Oct 14, 2026 (6.7 years).
BFEB vs EOI growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 6.7 years both funds cover.
BFEB vs EOI Performance
Innovator US Equity Buffer ETF - February (BFEB) is an ETF from Innovator ETFs Trust and Eaton Vance Enhanced Equity Income Fund (EOI) is an ETF from Eaton Vance. Over the past year BFEB returned +15.60% while EOI returned +5.24%. Year to date, BFEB is up 11.67% versus a gain of 3.10% for EOI.
Over three years, BFEB compounded at +17.04% per year against +17.26% for EOI; over five years the annualized figures are +11.68% and +9.53% respectively. Across the full 7-year window we track, BFEB has the edge at +12.52% annualized vs +10.42%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
EOI has been the more volatile fund, with annualized monthly volatility of 19.0% compared with 11.1% for BFEB. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -26.4% for BFEB and -40.9% for EOI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.88. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
BFEB charges 0.79% per year while EOI charges 1.10%. On a $10,000 position that is $79 vs $110 annually, a gap of $31 per year that compounds over a long holding period. On income, BFEB currently yields 0.00% against 7.54% for EOI.
You are not choosing between two funds in isolation.
Whichever of BFEB and EOI you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, BFEB or EOI?
BFEB has an expense ratio of 0.79% while EOI charges 1.10%. BFEB is the cheaper option, by $31 a year on a $10,000 investment.
Which performed better, BFEB or EOI?
Over the past year BFEB returned +15.60% vs +5.24% for EOI, so BFEB leads on 1-year performance. Over the longest common window we track (7 years), BFEB annualized +12.52% vs +10.42% for EOI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BFEB or EOI?
EOI has been the more volatile fund at 19.0% annualized versus 11.1% for BFEB. Worst drawdown: BFEB -26.4% vs EOI -40.9%.
Should I hold both BFEB and EOI?
BFEB and EOI have a monthly-return correlation of 0.88, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, BFEB or EOI?
BFEB yields 0.00% while EOI yields 7.54%, so EOI currently pays the higher dividend yield.
Is EOI better than BFEB?
BFEB has a lower expense ratio. BFEB led over 1Y, 5Y and the full window, EOI over 3Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.